About Merit University

About Al-Manara Co. , the owner of the university,

Type: an Egyptian joint-stock company
Purpose: to invest in all types of Real estate and management of educational establishments
Capital
Authorized Nominal capital 2 billion EG
Issued capital 825 million pounds
Paid up capital 825 million pounds

Major shareholders:

Dr. / Seddik Afifi. Chairman and CEO
Dr. Sawsan Morsi
Dr. Jamal Hamid Mahmoud

Market Opportunity And Profitability

Located in Upper Egypt in the middle of five major Governorates, it is the only private university in the region . It is the sole provider of private education in the area enjoying a very strong market position .
It is planned to seek student recruitment from near African and Arab countries . We expect filling all offered places for students immediately specially in view of the shortage of the higher education in Egypt.

Profitability:

Based on our experience in private higher and K-12 education in Egypt , We estimate making profits from the start .Profit estimate exceeds eg 500 m. a year starting the third year of operations.